FRIEDRICHSHAFEN, Germany—Ascend Performance Materials is looking to meet customer needs while expanding its global footprint.
"Every region now has compounding assets to support the business," Isaac Khalil, nylons vice president, said Oct. 12 at Fakuma 2021. "We have a global footprint but are locally supplied and locally sourced."
Houston-based Ascend—the world's largest integrated nylon 6/6 maker—has made four acquisitions in less than two years, most recently buying French compounder Eurostar Engineering Plastics in January for an undisclosed price.
Fosses-based Eurostar has a broad portfolio of flame-retardant engineered plastics and expertise in halogen-free formulations. The firm employs 60 and operates 12 extrusion lines, making compounds based on nylons 6 and 6/6 and polybutylene terephthalate, primarily for electrical/electronic uses.
In early 2020, Ascend acquired Italian materials firms Poliblend and Esseti Plast GD. Esseti Plast is a producer of masterbatch concentrates, while Poliblend makes compounds and concentrates based on virgin and recycled grades of nylon 6 and 6/6. In mid-2020, Ascend entered Asian manufacturing by buying a compounding plant in China from two Chinese firms. The Shanghai-area plant operates two twin-screw extrusion lines and covers about 200,000 square feet.
Moving ahead, Khalil said that Ascend "will make appropriate acquisitions to support customer growth." He added that the firm will make acquisition decisions based on both geography and product mix.
On the new product side, Khalil said Ascend is growing its lineup of Starflam-brand flame-retardant materials and HiDura-brand long-chain nylons for applications in electric vehicles, filaments and other areas. EV applications for Ascend materials include connectors, batteries and charging stations.
